As Korean manufacturers brace for more coronavirus related parts shortages from China (Hyundai has already halted production), GM Korea has said it will temporarily suspend one of three domestic car assembly plants due to shortages of Chinese parts.
The Korea Herald reports that GM Korea is set to close its main Bupyeong plant in Incheon, just west of Seoul, on February 17 and 18 due to shortages of Chinese parts, including wiring harnesses.
The report said the move would disrupt the production of the Trailblazer SUV, the Chevrolet brand's core model.
The report also noted that GM Korea relies heavily on China for wiring harnesses and other parts.
Hyundai Motor said last week it would suspend production in South Korea due to the outbreak disrupting its supply chain, the first automaker to do so outside China. Most of Hyundai's South Korean plants were shut from 7 February with some production lines expected to restart this week.
See also: Automakers plan gradual resumption of China output
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData